Despite Upgrade, SunTrust (STI) Moving Lower
More News related to STI
- BB&T Corp. (BBT): Beauty Without the Beast?
- Paulson Pick-Up Of Citigroup (C) Shares Is Nothing New
- SunTrust Breaks Ground for Companies and Their Employees with Addition of FDIC Insured Account to Its 401(k) Offering
- SunTrust Banks (STI) Declares $0.01 Quarterly Dividend; 0.2% Yield
- SunTrust Declares Quarterly Dividend
More News related to XLF
- Afternoon ETF Check: SMH Up; XLF, TAN, EWJ Down
- Despite Stabilizing Housing Market, Underwater Mortgages Pose Big Threat
- Notable Midday ETF Movers 11/19: UUP Higher; SMH, XLF, SPY Lower
- Notable Midday ETF Movers 11/18: USO, XLF, SEA; UNG, EWJ Lower
- Notable ETF Movers for 11/16: USO, XLF, UNG, UUP
Shares of SunTrust Banks (NYSE: STI) are moving lower today with the broader Financial group despite an from an analyst this morning. The stock most recently traded at $19.35, down 1.5% from yesterday's close, while the Financial Select Sector SPDR ETF (NYSE: XLF) is down 2%.
An analyst at Morgan Stanley moved her investment rating on SunTrust from Underweight to Equalweight, also boosting her price target from $26 to $30. Although the analyst has the equivalent of a Hold on the stock, her new price target represents potential price appreciation of about 55%.
Visit our Analyst Ratings page to see all the market-moving analyst calls on shares of SunTrust.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States.
Related Categories
UpgradesStocks Mentioned
-0.14Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
